The proteomics market showcases a high-growth potential, owing to the increasing demand for proteomics techniques in drug discovery and diagnostics applications. The availability of research funds across the globe, which increases the purchasing power of research and academic institutes is also playing a pivotal role in the growth of the proteomics market.

However, various other factors such as the sequestration cuts in the U.S.; disconnect between biomarker discovery and approval by regulatory authorities; and the need for expensive, well-qualified, and mandatory training required for better utilization of proteomics tools represents a significant challenge for the market growth during the forecast period of 2013 to 2018.

Besides the structural market drivers, there are strong geographic drivers for the growth of the proteomics market. The economic situation and cost-containment issues have diverted the attention of proteomics
research-based companies from North America and Europe to emerging markets such as China and India. Major companies are establishing their subsidiaries in these regions and are investing for building a stronger foothold in these countries. The Asian region forms one of the most promising proteomics markets in the world. Developing countries such as China and India are expected to grow at relatively higher growth rates, owing to the rising awareness about the benefits of personalized medicine, and growing research base, backed by the availability of government and private funding for research.

Personalized medicine is one of the niche markets, and has witnessed a significant growth rate in the past few years. As a result of the rising demand for proteomics technology in personalized medicine and biomarker profiling particularly in cancer research, the proteomics market has witnessed growth in the past few years. Thus, further growth in the personalized medicine market is reckoned as one of the strongest growth drivers for the global proteomics market.

Reasons to Buy the Report:

This report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms in garnering greater market shares. Firms purchasing the report could use any one or a combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for increasing their market shares.

The report provides insights on the following pointers:

- Market Penetration: Comprehensive information on the product portfolios offered by top players in the proteomics market. The report analyzes the proteomics market by package type and by product type across all geographies.

- Product Development/Innovation: Detailed insights on the upcoming trends, research and development activities, and new product launches in the proteomics market.

FEATURED COMPANIES

In this report, the global proteomics market is segmented based on instrumentation technologies, reagents, services types, and geography. Based on the different types of instrumentation technologies, the market is classified into Protein Microarrays, Spectroscopy, X-ray Crystallography, Chromatography, Electrophoresis, Surface Plasmon systems, and Protein Fractionation systems. The protein microarray segment is further segmented into biochips and microarray instruments categories; which is further sub-divided into protein chips, lab-on-chips and integrated systems, arrayers and microarray scanners. The spectroscopy segment is divided into mass spectroscopy, NMR spectroscopy, and circular dichroism (CD) spectroscopy. The chromatography segment is divided into HPLC Systems, Ion Chromatography, Affinity Chromatography, and Supercritical Fluid Chromatography. The electrophoresis segment is further divided into gel electrophoresis and capillary electrophoresis.

Based on reagents type, the market is segmented into protein microarray, spectroscopy, X-ray crystallography, chromatography, electrophoresis, immunoassay, and protein fractionation kits. Furthermore, the services market is sub-divided into analytical laboratory services, and data analysis and maintenance. Analytical laboratory services are further segmented into three types, namely, protein identification, protein separation, and protein sequencing. Data analysis and maintenance is further divided into bioinformatics databases and bioinformatics tools.

The overall market is further divided into four major geographies, namely, North America, Europe, Asia, and the Rest of the World (RoW). These regions are further analyzed at the country level. This report discusses the key market drivers, restraints, and opportunities in the global proteomics market and its sub-markets.

The global market was valued at an estimated $10,223.3 million in 2013. The growth of this market is mainly fuelled by the increasing need for personalized medicine, growth in pharmaceutical and biotechnology research and development (R&D) expenditure, technological advancements, and availability of government and private funding for proteomics projects.

North America accounted for the largest share of the global market in 2013, followed by Europe, Asia-Pacific, and the Rest of the World. Developed geographies like North America and Europe are likely to grow at lower CAGRs as compared to the Asian market. The growth in the Asian market is attributed to the shift of focus of the proteomics research-related industries towards Asia and the increase in both public and private funding to boost proteomic research in the region. Some of the major players in the proteomics market include Thermo Fisher Scientific Corporation (U.S.), Agilent Technologies (U.S.), Luminex Corporation (U.S.), Sigma-Aldrich Corporation (U.S.), and Danaher Corporation (U.S.), among others.

Quick Help:
The report will be emailed to you. The report is sent in PDF format. This is a site license, allowing all users within a given geographical location of your organisation access to the product.